1248 South Tripp Avenue

Chicago, IL 60623

$199,000
Price
5
Beds
3
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Great investment opportunity! Legally zoned 2-unit (3-unit) building, 2 of the units are occupied in the HOT Lawndale area. Each unit has separate furnaces and water heaters. The building has an enclosed back porch. Conveniently located near schools, parks, and public transportation. This building is a cash cow, perfect for investors. Don't miss your opportunity, schedule your showing today!Great investment opportunity! Legally zoned 2-unit (3-unit) building, 2 of the units are occupied in the HOT Lawndale area. Each unit has separate furnaces and water heaters. The building has an enclosed back porch. Conveniently located near schools, parks, and public transportation. This building is a cash cow, perfect for investors. Don't miss your opportunity, schedule your showing today!
  1. Listed by Latrease Davenport • PIP Realty Group

Property Details for 1248 South Tripp Avenue

Area
CHI - North Lawndale
Township
West Chicago
Ownership
Fee Simple
Num Of Parking Spaces
1.0
Heat/Fuel
Natural Gas
Zoning
MULTI

Location

Listing Courtesy of PIP Realty Group
Add your commute
LISTING UPDATED: 02/05/2024 09:06 AM

Property Details for 1248 South Tripp Avenue

StatusActive
MLS #11893136
Days on Market287
Taxes$1,412 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 2 Flat
Year Built-
Lot Size0.07 AC / 3,150 SF
CountyCook County

Location

Listing Courtesy of PIP Realty Group
Add your commute

Building Information for 1248 South Tripp Avenue

Stories-Residences3Year Built-Building Size-Lot Size0.07 AC / 3,150 SF

Payment Calculator

$1,204 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,086

Property Taxes

$118

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1248 South Tripp Avenue

General Information
School Information
  • Elementary School District: 299
  • High School District: 299
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Parking: Space/s
  • Parking Details: Off Street
  • Parking On Site: true
  • Parking Ownership: Owned
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Num Of Rooms: 10
  • Bedrooms (Below Grade): 0
  • Basement Type: Partial
  • Bedrooms Possible: 5
  • Basement Description: Unfinished
  • # Full Baths in Building: 3
  • # Half Baths in Building: 0
  • Num of Baths: 3.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2010
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 3,150 SQ. FT.
  • Total # Units in Building: 3.0
  • Waterfront: No
  • Exterior Building Type: Brick
  • Foundation Details: Concrete Perimeter
  • General Information: None
  • North Coordinate: 0
  • South Coordinate: 1248
  • East Coordinate: 0
  • West Coordinate: 4232
  • 3 Br Un In Bldg: No
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 19
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Income & Expenses
  • Gross Income: $16,800.00
  • Other Addl Income: Coin Laundry,Parking Space/s
Unit 1
  • Unit Type Actual Rent: $775.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Lease Expiration Date: MTM
Unit 2
  • Unit Type Actual Rent: $725.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Lease Expiration Date: MTM
Unit 3
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 3
  • Lease Expiration Date: N/A

Property History for 1248 South Tripp Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1248 South Tripp Avenue

Taxable ValueLand$3,587Additions$3,412Total$6,999
Tax Record2022$1,444 ($120 / month)
Home Facts
Baths2Total Finished SqFt1,700 SqFtAbove Grade Finished SqFt1,700 SqFtStories2Lot Size3,150 SqFtStyleMulti-Family Res (5+ Units)Year Built1893CountyCOOKAPN16-22-202-040

Schools near 1248 South Tripp Avenue

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - K to 8
Charter - 10 to 12
Rating
School
Distance
Hughes C Elementary School
PublicPK to 8

Manley Career Academy High School
Public9 to 12

YCCS-CCA Academy HS
Charter10 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1248 South Tripp Avenue is a multi-family home for sale in Chicago, IL 60623. This property was listed for sale on September 25, 2023 by PIP Realty Group, it's currently listed at $199,000. It has been on the market for a total of 287 days and was last sold on February 6, 2009. This listing's school district is City Of Chicago School District 299. Nearby schools include Hughes C Elementary School, Manley Career Academy High School and Frazier International Magnet Elementary School. 1248 South Tripp Avenue is a 5-bed, 3-bath, multi-family home.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of PIP Realty Group

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.